Par. 8. Section 1.1256(g)-1 is added to read as follows:
(a) General rule. A qualified board or exchange means a national securities exchange registered with the Securities Exchange Commission, a domestic board of trade designated as a contract market by the Commodity Futures Trading Commission, or any other exchange, board of trade, or other market for which the Secretary determines in published guidance in the Federal Register or in the Internal Revenue Bulletin (see § 601.601(d)(2)(ii) of this chapter) that such market has rules adequate to carry out the purposes of section 1256.
(b) Effective/applicability date. The rule of this section applies to taxable years ending on or after the date the final regulations are published in the Federal Register .